2 weeks Ago By ABMN Staff
Shoe Carnival, Inc. ( NASDAQ:SCVL – Get Free Report ) gapped up before the market opened on Thursday after Williams Trading raised their price target on the stock from $42.00 to $51.
00. The stock had previously closed at $40.47, but opened at $41.
62. Williams Trading currently has a buy rating on the stock. Shoe Carnival shares last traded at $42.
60, with a volume of 57,552 shares traded. Institutional Investors Weigh In On Shoe Carnival Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Innealta Capital LLC acquired a new position in shares of Shoe Carnival during the 2nd quarter worth $41,000.
SRS Capital Advisors Inc. raised its stake in Shoe Carnival by 392.4% during the fourth quarter.
SRS Capital Advisors Inc. now owns 1,300 shares of the company’s stock worth $39,000 after acquiring an additional 1,036 shares in the last quarter. Maryland State Retirement & Pension System bought a new position in shares of Shoe Carnival in the first quarter worth about $240,000.
Summit Global Investments acquired a new stake in shares of Shoe Carnival in the 2nd quarter valued at approximately $244,000. Finally, EMC Capital Management boosted its stake in shares of Shoe Carnival by 11.9% in the 1st quarter.
EMC Capital Management now owns 7,468 shares of the company’s stock valued at $274,000 after purchasing an additional 793 shares in the last quarter. 66.05% of the stock is currently owned by institutional investors.
Shoe Carnival Stock Performance The firm’s fifty day moving average is $39.82 and its 200-day moving average is $36.22.
The company has a market capitalization of $1.10 billion, a P/E ratio of 14.92 and a beta of 1.
49. Shoe Carnival Dividend Announcement Shoe Carnival Company Profile ( Get Free Report ) Shoe Carnival, Inc, together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories.
The company also operates stores, and sells its products through online shopping at shoecarnival.com, as well as through mobile app. See Also Receive News & Ratings for Shoe Carnival Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shoe Carnival and related companies with MarketBeat.
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